Shell
When the USA, led by companies like ExxonMobil or Chesapeake, decided to boost the development of shale gas, the world perceived it as a local matter to help this country to reduce its reliance on overseas production countries. Then in 2011, the USA have become already self sufficient in gas, much faster than expected. Until then, […]
Shell is operating the Malampaya gas field with 45% share, at the same level as Chevron while the local Philippines National Oil Company, PNOC, owns the remaining 10%. The third phase of Malampaya will suppose the construction of an offshore compression platform. This platform should be built in the Philippines and should be the first […]
Definition: “PCIC Europe” stands for the Petroleum and Chemical Industry Committee in Europe. PCIC Europe was created in 2003 as the regional extension of PCIC North America, the Petroleum and Chemical Industry Committee of the IEEE in USA. Today is the premier European forum for the exchange of experience in the practical application of electricity and instrumentation in the petroleum, chemical and pharmaceutical industries, including all upstream and downstream activities. […]
According to an interview of Mr Fu Chengyu, who became chairman of Sinopec‘s parent in April, to Bloomberg, Sinopec is considering to sell its chemical assets in the next five years in order to finance its overseas development. Benchmarking the Majors like ExxonMobil or Shell, Sinopec wants to balance it Upstream activities and Downstream business. With profitability […]
Total joins Kuwait Petroleum Corp. (KPC) represented by its wholly-owned subsidiaries Kuwait Petroleum International (KPI) and Petrochemicals Industries Co. (PIC) in the Joined Venture with Sinopec for this $9 billion “Refinery” and “Petrochemical” complex at Zhanjiang, in China’s southern Guangdong province. In fact Total took the opportunity to substitute Shell which had pulled out of […]
Shell continues to progress plans to build a proposed world-scale petrochemical complex in the Appalachia region, USA, which could upgrade locally-produced ethane from Marcellus shale gas production. Shell Appalachia is headquartered in Warrendale, PA, USA, and has 185 employees located in Pennsylvania, with approximately 50 employees located in Tioga County. With the acquisition of East Resources, […]
After benchmarking the USA who should become a net gas exporter in 2012 for the first time in their history, China has learnt the lesson very fast and decided to develop their reserves of shale gas on fast track to reduce their energy dependency. The fact is that China hosts 19% of the global reserves of shale […]
Petronas Chemical Group (PCG) is planning to build a US$20 billion RAPID (Refinery and Petrochemicals Integrated Development) plant in Pengerang, Johor, Malaysia, which borders Singapore, — the largest oil trading hub in Asia. The project is key for grabbing a larger share in the $395 billion global market for specialty chemicals — high value raw materials used in […]
